Release of 400 million barrels of Iranian oil if Tehran-Washington agreement is reached
According to Oil Price, about 400 million barrels of oil are currently stuck in tankers under sanctions. If a major agreement is reached between Trump and Iran, this volume of oil will suddenly enter the global market and prices will collapse.
$100 oil with the closure of the Strait of Hormuz
The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates to the south. The waterway is about 50 kilometers wide at its entrance and exit, and about 33 kilometers at its narrowest point. Despite this limited width, the world's largest oil tankers pass through this route. This passage is the only sea link between the Persian Gulf and the Sea of Oman, and is practically the main artery for oil and gas exports from the region's major producers.
National Iranian Oil Company; How was Iran’s largest energy player formed?
Its name is tied to "oil," but its role goes beyond a production company; an institution that emerged from a historic decision and became the beating heart of Iran's energy. Today, the National Iranian Oil Company is not only a major player in the oil and gas industry, but also one of the pillars of the economy and national authority.
آخرین اخبار
Record for domestic gas consumption broken; 737 million cubic meters in one day
The CEO of the National Iranian Gas Company, recalling the highest gas consumption recorded in the household, commercial, and small-scale industries on February 2, with 737 million cubic meters, said: "This figure represents an increase of 34 million cubic meters compared to last year's maximum consumption."
Flaring in Iran: From Symbolic Flames to Missed Opportunities for Energy Security
According to the World Bank's 2025 report, the world burned more than 150 billion cubic meters of gas this year, the highest amount in nearly two decades. Just a few countries are responsible for the majority of this waste, and Iran is among them.
Increase of 560 million cubic meters of sweet gas production in South Pars
The head of coordination and supervision of production at the South Pars Gas Complex Company announced an increase of more than 560 million cubic meters of sweet gas production since the beginning of 1404 (2025).
Propane exports have begun from the second reservoir of South Pars Phase 13
The executor of the Phase 13 development plan of the South Pars Joint Field announced the launch of the second propane tank at the Phase 13 refinery and said: "At the same time as storage began, the first export shipment from this tank was successfully loaded."
Release of 400 million barrels of Iranian oil if Tehran-Washington agreement is reached
According to Oil Price, about 400 million barrels of oil are currently stuck in tankers under sanctions. If a major agreement is reached between Trump and Iran, this volume of oil will suddenly enter the global market and prices will collapse.
Smart industrial gas supply system unveiled / Licensing process becomes offline
The Director of Information and Communications Technology of the National Iranian Gas Company said: The gas supply system for industrial applicants has made the process of obtaining permits and supplying gas to industrial units transparent, agile, and secure.
Russian gas in talks; will gas reach Iran next winter?
The Deputy Minister of International Affairs and Trade of the Ministry of Oil emphasized that Iran-Russia energy cooperation has entered the implementation phase and announced that if the negotiations are finalized, Russian gas will enter Iran next winter, an event that could be the biggest development in the energy relations between the two countries.
The Secretary General of the Petrochemical Industry Employers’ Association expressed appreciation for the Ministry of Oil’s new approach in cooperating with the private sector
The Secretary General of the Petrochemical Industry Employers' Association, appreciating the Ministry of Oil's new approach in cooperating with the private sector, said: "Following the Supreme Leader's emphasis, the Ministry of Oil, with a different perspective, put the issue of petrochemical companies' investment in the development of gas fields on the agenda."
Engineering, the hidden but vital pillar of Iran’s oil industry
More than the story of the discovery of an underground resource, Iran's oil industry is a story of engineering's triumph over the unknown; a story of knowledge that has transformed risk into calculation, ambiguity into models, and raw materials into national wealth. From the first exploratory wells to today's smart refineries, it has been engineers who, relying on science, creativity, and audacity, have built the hidden but vital pillars of the country's largest industry.
$100 oil with the closure of the Strait of Hormuz
The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates to the south. The waterway is about 50 kilometers wide at its entrance and exit, and about 33 kilometers at its narrowest point. Despite this limited width, the world's largest oil tankers pass through this route. This passage is the only sea link between the Persian Gulf and the Sea of Oman, and is practically the main artery for oil and gas exports from the region's major producers.
